Three Risks to Monitor in 2016: Weak Growth, Political Tensions and Company Debt in Emerging Economies01/26/2016
A cautious approach to country risk will be necessary in 2016, since the risks that emerged in 2015 are expected to continue this year. Coface forecasts global growth to remain soft at 2.7%, compared to 2.5% in 2015. At the forefront are the political tensions gaining ground in both advanced and emerging countries.
As a result of catastrophic flooding, the Illinois Insurance Department published Company Bulletin 2015-13 (Revised 1/6/16) entitled “Suspension of Cancellation, Non-renewal and Premium Payments” which applies to affected persons in the counties of Alexander, Cass, Calhoun, Christian, Clinton, Cumberland, Douglas, Iroquois, Jackson, Jersey, Lawrence, Madison, Marion, Menard, Monroe, Morgan, Moultrie, Pike, Randolph, Richland, Sangamon, St. Clair, and Vermillion.
During 2015, Turkey’s economy faced several challenges. On the political scene, the country went through two elections in 2015, bring to four the number of elections over the last two years. After talks to form a coalition government fell through following the June 7 general election, the country returned to the polls on November 1.